BRIMSTONE INVESTMENT CORPORATION LIMITED - Dealing in securities

Dealing in securities

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone")
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN

DEALING IN SECURITIES

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information,
relating to the dealing in securities, is disclosed:

1.   Executive director:                      MA Brey
     Date of transaction:                     9 April 2021
     Class of securities:                     “N” ordinary shares
     Price per security:                      R6.4089 per share
     Number of securities:                    437 752
     Total value:                             R2 805 508.79
     Nature of transaction:                   Grant and acceptance of forfeitable shares in terms of the
                                              Brimstone Investment Corporation Limited Forfeitable
                                              Share Plan (“Brimstone FSP”) (off-market)
     Vesting period:                          With effect from 24 February 2024
     Extent of interest:                      Indirect beneficial
     Written clearance to deal received:      Yes

     Date of vesting:                         25 February 2021
     Date of release of shares:               9 April 2021
     Class of securities:                     “N” ordinary shares
     Vesting price:                           R6.10 per share
     Number of securities:                    172 533
     Total value:                             R1 052 451.30
     Nature of transaction:                   73.8% Vesting of forfeitable shares in terms of the
                                              Brimstone FSP (off market)
     Extent of interest:                      Direct beneficial
     Written clearance to deal received:      Yes

2.   Executive Chairman:                      F Robertson
     Date of transaction:                     9 April 2021
     Class of securities:                     “N” ordinary shares
     Price per security:                      R6.4089 per share
     Number of securities:                    437 752
     Total value:                             R2 805 508.79
     Nature of transaction:                   Grant and acceptance of forfeitable shares in terms of the
                                              Brimstone FSP (off-market)
     Vesting period:                          With effect from 24 February 2024
     Extent of interest:                      Indirect beneficial
     Written clearance to deal received:      Yes

     Date of vesting:                         25 February 2021
     Date of release of shares:               9 April 2021
     Class of securities:                     “N” ordinary shares
     Vesting price:                           R6.10 per share
     Number of securities:                    171 364
     Total value:                             R1 045 320.40
     Nature of transaction:                   73.3% Vesting of forfeitable shares in terms of the
                                              Brimstone FSP (off market)
     Extent of interest:                      Direct beneficial
     Written clearance to deal received:      Yes

3.   Executive director:                     MI Khan
     Date of transaction:                    9 April 2021
     Class of securities:                    “N” ordinary shares
     Price per security:                     R6.4089 per share
     Number of securities:                   237 196
     Total value:                            R1 520 165.44
     Nature of transaction:                  Grant and acceptance of forfeitable shares in terms of the
                                             Brimstone FSP (off-market)
     Vesting period:                         With effect from 24 February 2024
     Extent of interest:                     Indirect beneficial
     Written clearance to deal received:     Yes

     Date of vesting:                        25 February 2021
     Date of release of shares:              9 April 2021
     Class of securities:                    “N” ordinary shares
     Vesting price:                          R6.10 per share
     Number of securities:                   89 024
     Total value:                            R543 046.40
     Nature of transaction:                  71.9% Vesting of forfeitable shares in terms of the
                                             Brimstone FSP (off market)
     Extent of interest:                     Direct beneficial
     Written clearance to deal received:     Yes

4.   Executive director:                     GG Fortuin
     Date of transaction:                    9 April 2021
     Class of securities:                    “N” ordinary shares
     Price per security:                     R6.4089 per share
     Number of securities:                   204 138
     Total value:                            R1 308 300.03
     Nature of transaction:                  Grant and acceptance of forfeitable shares in terms of the
                                             Brimstone FSP (off-market)
     Vesting period:                         With effect from 24 February 2024
     Extent of interest:                     Indirect beneficial
     Written clearance to deal received:     Yes

     Date of vesting:                        25 February 2021
     Date of release of shares:              9 April 2021
     Class of securities:                    “N” ordinary shares
     Vesting price:                          R6.10 per share
     Number of securities:                   76 642
     Total value:                            R467 516.20
     Nature of transaction:                  72.8% Vesting of forfeitable shares in terms of the
                                             Brimstone FSP (off market)
     Extent of interest:                     Direct beneficial
     Written clearance to deal received:     Yes

5.   Executive Director/Company secretary:   T Moodley
     Date of transaction:                    9 April 2021
     Class of securities:                    “N” ordinary shares
     Price per security:                     R6.4089 per share
     Number of securities:                   131 842
     Total value:                            R844 962.19
     Nature of transaction:                  Grant and acceptance of forfeitable shares in terms of the
                                             Brimstone FSP (off-market)
     Vesting period:                         With effect from 24 February 2024
     Extent of interest:                     Indirect beneficial
     Written clearance to deal received:     Yes

     Date of vesting:                        25 February 2021
     Date of release of shares:              9 April 2021
     Class of securities:                    “N” ordinary shares
     Vesting price:                          R6.10 per share
     Number of securities:                   40 950
     Total value:                            R249 795.00
     Nature of transaction:                  75.7% Vesting of forfeitable shares in terms of the
                                             Brimstone FSP (off market)
     Extent of interest:                     Direct beneficial
     Written clearance to deal received:     Yes


Cape Town
13 April 2021

Sponsor
Nedbank Corporate and Investment Banking

Date: 13-04-2021 04:00:00
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